With more people dealing with cryptocurrency in 2025, crypto insurance is an emerging area of interest to protect investors from risks. As with fiat currency, safeguarding crypto assets is no longer just optional, but essential.
In this article, we’re going to cover some of the top options for cryptocurrency insurance available now, so you can ensure your investments remain secure, regardless of market volatility and cyber threats.
What Is Crypto Insurance?
Crypto insurance refers to policies designed to protect your digital assets against losses stemming from hacks, thefts, and other security breaches. With the value of certain cryptocurrencies like Bitcoin reaching all time highs, it’s a must to protect investments.
Comprehensive coverage ensures that investors get involved in crypto with greater confidence.
Why Should You Get Crypto Insurance?
Cryptocurrencies are highly volatile, and the risk of losing funds due to security breaches is quite high. Insurance can be your safety net, so that even in worst-case scenarios, your assets remain secure. As more people and companies invest in digital currencies, having a reliable policy in place becomes increasingly important.
Top Crypto Insurance Providers In 2025
With crypto insurance still being an emerging service, you may find it difficult to decide which company to trust your assets with. Worry not, we’ve rounded up some highly rated platforms you can consider choosing.
Evertas
Backed by LLoyds, Evertas is a specialized provider focusing exclusively on cryptocurrency insurance. It offers coverage for institutional clients, including hedge funds, exchanges, and custodians. With a strong emphasis on cybersecurity, Evertas provides tailored policies to protect against theft, fraud, and operational failures.
Canopius
Canopius, a global insurance company, has entered the crypto space by offering comprehensive insurance solutions for digital assets. Their policies cover a wide range of risks, including platform outages and cyberattacks. Canopius is particularly suited for exchanges and other large-scale crypto operations.
Breach Insured
BreachInsured provides specialized coverage for decentralized finance platforms and smart contracts. Their policies are designed to address vulnerabilities unique to blockchain technology, making them a key player in the DeFi insurance space.
Go Super Script
Go Super Script focuses on providing flexible policies for small and medium-sized enterprises involved in cryptocurrency. Their offerings include tailored plans for startups, making it easier for new entrants to protect their digital assets from unforeseen risks.
Coincover
Coincover is known for its innovative approach to protecting individual wallets and assets. It combines insurance with proactive security measures, such as fraud monitoring and recovery services. Coincover’s solutions are ideal for individual crypto investors looking to safeguard their holdings.
The Benefits
Peace of Mind: Crypto insurance has your back when things go wrong. Whether it’s a hack, theft, or fraud, you can relax knowing your investments are protected.
Customisable: Whether you’re an individual investor or part of a large company, you can find a plan that fits your requirements. From wallet security to platform protection, there are many services so you can get what works for you.
Enhanced Confidence: Knowing your assets are insured makes trading in crypto a lot less scary as it’s easier to trust the process when there’s a safety net in place.
The Disadvantages
High Costs: Insurance can get expensive especially if you’re covering high-value assets. Depending on how seriously you take covering your assets, this may be a deterrent.
Variable Coverage: Not all policies are the same as some offer more than the others. You’ll need to read into the fine print to know what’s covered.
Limited Availability: Depending on where you live, finding a solid provider may be difficult. Coverage isn’t always accessible everywhere.
How To Choose A Crypto Insurance Provider
When choosing a crypto insurance provider, start by looking at their experience in handling cryptocurrency-related policies as this ensures they understand the risks involved.
Check what specific risks they cover, like wallet security or issues with smart contracts, to make sure it aligns with your needs. Finally, compare the costs and coverage terms across providers to find the best option for your situation.
Final Thoughts
Crypto insurance is an essential tool for securing digital assets in an unpredictable market. Providers like Evertas, Canopius, Coincover, BreachInsured, and Go Super Script offer tailored solutions to meet the diverse needs of crypto investors. By selecting the right provider, you can safeguard your investments and focus on growing your portfolio.
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Frequently Asked Questions (FAQs)
What risks does crypto insurance cover?
Crypto insurance typically covers losses caused by hacking, fraud, and theft. Some providers also offer coverage for platform outages and smart contract vulnerabilities.
Are these policies suitable for individuals?
Yes, providers like Coincover and Go Super Script offer solutions tailored to individual investors and small enterprises.
Is crypto insurance expensive?
The cost varies based on the value of assets insured and the level of coverage. While it may seem costly, the protection it offers can be worth the price.
Do these providers cover decentralized platforms?
Yes, providers like BreachInsured specialize in covering decentralized finance platforms and smart contracts.
Why should institutions consider crypto insurance?
Institutions often manage large volumes of digital assets, making them high-value targets for cyberattacks. Insurance helps mitigate these risks and ensures operational continuity.
